In the SECURE Act of 2019, Congress made sweeping changes to how individual retirement arrangements (IRAs) function. Now, SECURE 2.0, which became law on December 29, 2022, is making major changes to retirement savings again. SECURE 2.0 contains over 90…
More than half of all small businesses are owned by people over 50 years old, according to the Small Business Administration. As the Baby Boomer generation born between 1946 and 1964 heads into retirement in record numbers each year, succession…
An asset protection trust is an estate planning vehicle that effectively guards your assets from creditors. It is an irrevocable trust created by an individual that can protect assets from lawsuits, civil actions, and divorce claims. Assets within this type…
The term “estate planning” often brings to mind mansions, vacation properties, large stock portfolios, and even valuable art or jewelry. But the truth is that estate planning is not just for the wealthy, and not just for later in life.…
